Automotive tech business accelerates expansion plans
Government of Canada helps Quorum Information Systems ramp up growth opportunities
Atlantic Canada’s advanced technology industry is an important part of building a strong, resilient economy. That is why the Government of Canada is helping automotive technology company Quorum Information Systems Inc. create more jobs and grow its business.
The Honourable Seamus O’Regan, Minister of Natural Resources and Member of Parliament for St. John’s South-Mount Pearl, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced a repayable contribution of $500,000 to Quorum Information Systems Inc. on May 11.
Quorum provides customer management software solutions to automotive dealerships throughout North America. This investment will create three new jobs to help the company pursue new business partnerships, mergers and acquisitions.
The announcement further demonstrates the Government of Canada’s commitment to developing a more innovative economy by supporting growing technology companies.
“The tech industry in Newfoundland and Labrador is creative, innovative, and determined to grow even bigger. Investing in Quorum supports growth, creates jobs, and shows, once again, that we’re ready to take on the world,” said Seamus O’Regan.
